Jun 12 2015
Research and Markets has announced the addition of the "Middle East & Africa Wireless Sensors Market - Growth, Trends & Forecasts (2014-2020)" report to their offering.
The growth of the Middle East & Africa Wireless Sensors Market is currently being hindered by Maturity of End-User Segment and Environmental impact on sensors. Manufacturers focus on investing in R&D activities as accuracy and reliability are major product selection criteria. Further, industry participants emphasize on product differentiation in order to avoid price competition. Middle East & Africa accounted for around 6% market share of the global wireless sensors market in 2014 and the market is estimated to be the least during the forecast period.
Wireless sensors are used in factory settings for data monitoring, flow of production and other similar functions, as well as in building automation, defense and other industries like materials handling and food and beverage. The increasing quest for new energy sources, renewable energy development, government regulations, and rapid technological advancements are the key drivers which are making the wireless sensors market to grow lucratively. They are also a vital component in smart grids for remote monitoring of transformers and power lines where they are put into service to monitor line temperature and weather conditions.
Companies Mentioned:
- ABB
- Texas Instruments
- Emerson
- Siemens
- Endress + Hauser
- Microstrain
- DeltaTrak
- Electrochem
- CMT Consulting Measurement Technology GmbH
For more information visit http://www.researchandmarkets.com/research/mm6t32/middle_east_and
Source: http://www.researchandmarkets.com/